Transaction in Own Shares

RNS Number : 9062F

Stenprop Limited

18 July 2019

 

STENPROP LIMITED

(Registered in Guernsey)

(Registration number 64865)

LSE share code: STP    JSE share code: STP

ISIN:  GG00BFWMR296

("Stenprop" or the "Company")

TRANSACTION IN OWN SHARES

18 July 2019

Further to the announcement published on 9 July 2019 informing shareholders that the Company intended to repurchase shares to mitigate the dilutive effect of the scrip dividend election, shareholders are advised that on 17 July 2019, the Company purchased 1,150,000 ordinary shares at 110 pence per share. These shares will be held as treasury shares.

Following the above transaction, the total number of treasury shares held by the Company is 17,087,130 ordinary shares and the total number of shares in issue less shares held in treasury is 281,688,045 ordinary shares. From 17 July 2019, the total number of voting rights in the Company is 281,688,045.

For further information:

Stenprop Limited                                                                                          [phone]

Paul Arenson

James Beaumont

Julian Carey

Numis Securities Limited (Financial Adviser)                                         [phone]

Hugh Jonathan

Vicki Paine   

Tavistock (PR Adviser)                                                                                 [phone]

James Whitmore

James Verstringhe

Charlotte Dale

Java Capital Trustees and Sponsors Proprietary Limited                     [phone]

(JSE sponsor)

About Stenprop:

Stenprop is a Guernsey-registered UK REIT. The objective of the Company is to deliver sustainable growing income to its investors. Stenprop's investment policy is to invest in a diversified portfolio of UK multi-let industrial (MLI) properties with the strategic goal of becoming the leading MLI business in the UK. For further information, go to www.stenprop.com.

 

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